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"Stakes are so high people's lives are going to be in danger" analyst

16 May 2017 12:49 PM

Ralph Mathekga and Peter Bruce comment on Ramatlhodi's claims that Molefe and Ngubane pressed him to suspend Glencore's licenses.

AmaBhungane Centre for Investigative Journalism reports that former Mining Minister Ngoako Ramatlhodi has revealed new allegations of corruption.

He says that in 2015 Eskom CEO Brian Molefe and chair Ben Ngubane demanded that he suspend all Glencore’s mining licences in South Africa, pending the penalty payment of R2.71 billion.

A few weeks later, Ramatlhodi, was replaced by Mosebenzi Zwane as the mining minister.

The Glencore-owned Optimum Mine that supplied coal to Eskom’s Hendrina power station was later bought by the Gupta family.

Also read: Ramathlodi says he was not aware Guptas wanted to buy Optimum mine

Political analyst, Ralph Mathekga says claims by Ramatlhodi have elevated the state of capture and corruption allegations involving President Jacob Zuma and the Gupta family.

Mathekga says this shows a willingness of members of the African National Congress (ANC) to speak out and adds that more members of the ruling party will make a stand against state capture.

What Ramathlodi is doing - is that you can fight this by speaking out.

Ralph Mathekga, political analyst

What he has said will make it difficult for Brian Molefe to return, and it lends credibility to the speculation that Mr Molefe was there to serve the interests of the Guptas not South Africans.

Ralph Mathekga, political analyst

Business Day editor-in-chief, Peter Bruce, says the stakes are so high that people's lives will be in danger.

Bruce says these emerging claims by the former mining minister may scare away investors.

Ramathlodi's allegations come just after Molefe's reinstatement as CEO at Eskom, after Public Enterprises Minister Lynne Brown turned down the R30 million payout offered by the board.

Also read: Eskom changes statement on Brian Molefe's resignation

The return of Brian Molefe to Eskom is a joke and on the one hand but on the other hand it's so dangerous.

Peter Bruce, Business Day editor-in-chief

Listen to EWN's Gia Nicolaides for the timeline of events that led to Guptas buying Optimum Mine...

16 May 2017 12:49 PM